Topic: Is Bitcoin STILL Good Investment? (Think Again) - page 5. (Read 1168 times)

Yes no doubt Bitcoin is the best alternative but also a very dangerous investment. As the Bitcoins volatility maintains more investors would like to get involve due to its nature and the potential profit that they can get which is far different from traditional assets like stocks and gold.

Bitcoin is totally  a good investment option for people who seek financial freedom since there's no one can control you for holding those and no government will put you a limitation on where you going thru but there's something we need to look for before going in this and we should be well educated before putting our money since there are several volatility strikes will test us our patience since if we will lose or get short tempered most provably we will lose.

I agree with you that OP is better to invest bitcoin than gold and stocks. because of the volatility of bitcoin can provide large profits with a fast time. but sometimes we also have to wait a long time to make a profit because the bear market happens long enough. and the success of investing in bitcoin is also determined by the right speculation of buying at low and selling at high.

We are not looking to convince YOU but those who do not yet own Bitcoin. That is why I am asking you to watch the video to help offer any feedback and insight.

Why please plan to invest in other “cryptocurrency” ??

They are all sh*t or even less than that...

For a beginning average person to invest PLEASE stay away from the sh*t and scam coins, just stick to BTC, after a longer time and learning about the space then decide for your own and do what you wish.

But at the beginning only go with BTC and thank me later for this golden advice!

Don’t think you need to be fast to buy some dumb other crap coins.... first learn and read a lot, pay attention to all the markets and what happens.... there is no need to be fast with anything if you already buying BTC.

Obviously, you don't need to be a rocket scientist to know why bitcoin is one of the best if not the best asset today. But it's really hard to show it to no coiners because the media has painted bitcoin in a bad light ever since its inception. So for me, I just let the people know bitcoin and what it can really bring to them, as compare to telling them what it is. Let them discover it and I'm sure in no time, probably 5 years from now, we might see it grow and be adopted by the masses.

When it comes to cryptocurrency investment especially Bitcoin investment, people have their own personal view regarding how good it is or not. Personally, I think an investment will be good when you understand and have adequate knowledge on the principles that governs that investment. Bitcoin can only be a good investment when you know and understand the bitcoin market and the patterns at which its market value changes. This will allow you to gain the risk margin investing in Bitcoin. Looking at the crypto market now, Bitcoin is a good investment for daily traders and short term investors.

No doubt that Bitcoin will be always a good investment as long as you know how to manage your Bitcoin and understand the market trends. With its volatility in price, we have a chance to see a high increase and gain big profits. But remember that it also has a possibility to drop very drastically. However, smart investors must know how to take advantage of those possibilities. Learn the Bitcoin charts, factors that influence the prices, market characteristics, and current issues on Bitcoin's future.   

Since years bitcoin is one of the best investment that anyone can make and your profit will be huge if you invest in the right time and being smart about the market moves. I think bitcoin, gold and real estates are the best investment for anyone in the world. Let's back to bitcoin, nowadays people didn't know a lot of things about bitcoin, we should just spread news about that and let people join this community because it's gonna help a lot bitcoin itself and it makes it gain more value in the future and our investment will be profitable 100%

Bitcoin will always be bitcoin, it is always a good investment wether a long term investment or a short term investment, it doesnt matter. Because of its different featutes among all investment nowadays such as stock market and forex bitcoin has its many traders and investors now that we all believe that this bitcoin will have  a great impact soon.

That is not true. If you "own" AAPL (Apple) in your brokerage account you DO NOT own Apple shared.

That is a common misconception similar to the money in the bank being yours. Once you deposit the funds it is no longer yours.

With Bitcoin you own your own keys. Period.

Just like the first FIAT CURRENCY is the most valuable currency in the world, just because it was first...  Oh wait, it is long forgotten 

Maybe the worlds first Bank is the worlds best and biggest, because it was first.  Oh wait, no one even knows or cares what the worlds first bank was...

Maybe the first computer in the world is the best, or the first cellphone.

Thinking that Bitcoin will always have more value than other cryptos just because it was first is so utterly stupid, it is laughable.

Hard Facts

In my own personal opinion, I don't really need to watch a video to convince me that btc is a good investment especially long term, if anyone can look back to 10 years ago what btc was worth and what its current price is now, that's enough to tell you that another 10 years from now btc will be even more valuable,
To be on a safer side, invest little amount that won't cost you much and let it grow with time.

Nothing can replace the position of bitcoin because bitcoin is the first digital currency in the world, and other coins like altcoin are just imitations of bitcoin and in conclusion, imitations cannot resemble the original because the original is much more perfect.
bitcoin is by far the best investment instrument among all investments and is also profitable and very safe, and it will be far more profitable to invest in the long run to avoid worry.

Well considering how it has retained top spot for some time now,I think it is,probably not enough reason anyway.a few years back,I'm sure there were people who also wondered if the status bitcoin is occupying now was ever a possibility

To me, it is not much more than a fanboi video. It contains all the enthusiasm and hype and hyperbole that you might expect from such a video, but it contains very little substance. It is filled with clips of people saying how great bitcoin is, but it never talks about why or how.

Absolutely! Bitcoin is the best investment that i have ever known ever since i got into this industry. Well at least it is the investment portfolio that you can be rest assured of its come back spirit other than the number of altcoins which have not risen for more than a year. The scarcity and decentralized nature of bitcoin makes it absolutely secure to invest into it and wait patiently to make good profits.

no one ever knows the future, maybe bitcoin looks good in the future, there may be other alternative coins that can replace bitcoin, because technology continues to develop and new things will continue to emerge, no one can guarantee that bitcoin will always be crypto number 1.

Actually its the other way around. Markets are backing bitcoin price, while your "alternative" is backed by the chinese government. So lets see, You trust more the Chinese gov (The State) than the free market (The People)?

Has it ever occurred to you, that all of these "x backed" coins depend on a promise that may or may not ever be fulfilled? Imagine that, the Chinese system falls, the people from Taiwan take over or something, and then they simply don't recognize none of these tokens. Then what? Cry a river? Sue the Chinese state? good luck with that...

The markets consider bitcoin valuable because of its features (code), not because of an empty promise of a State, company or individual. A promise that can become null without warning, is not like having the actual gold in your hands. If anything, those coins that are "backed" i consider even more dangerous, because they likes of you mistakenly think that "is gold", no its not. Nor Dollars "backed" on gold, they are not gold, they are worthless papers. When Americans ended the artificial gold pegging they were being more honest.

In fact the current government can decide later not to fulfill the promise, or simply change the "backing ratio". This "surprise" can never happen to bitcoin, which is the reason its valued more, no surprises, no trusting.

If the economy collapse because people learn that the money doesn't exist in the banks, and start withdrawing, while the entire fiat ecosystem crashes, bitcoin that is simply keeping its value, would appear to "skyrocket". Fiat are deliberately devalued every year as they have endless production. Bitcoin is already settled to 21 million and 18.5+ million have already been minted.

Harder Facts

Not sure why but I was actually expecting original content with the video(which it obviously isn't).

Anyway, bitcoin sure has great potential in the longterm, but I'm going to take the non-permabull standpoint here for a change. Yes, bitcoin has GREAT potential and I greatly believe that, but hopefully let's not give give the impression to the outside non-crypto world that bitcoin is guaranteed to skyrocket in price, because it's simply not. So much things can make bitcoin succeed in the long term but there are also things that could make it not successful, both as a currency/SoV and as an investment.